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Tech Selloff Drags Stocks Lower, Bonds Climb on Weak US Services Data

Technology stocks dragged down the market after disappointing earnings from Alphabet and Advanced Micro Devices, while bonds rose on weak US services data. Apple and Nvidia moved in opposite directions, and the Magnificent Seven companies are facing questions about their lofty valuations as their profit growth decelerates and spending rises. China's DeepSeek AI model has renewed scrutiny on their capital expenditures.

ECB's Lane: Monetary Policy Should Balance Risks of Moving Too Slowly or Quickly

ECB Chief Economist Philip Lane warns of inflation risks and calls for a balanced monetary policy approach to find a middle path between moving too slowly and too quickly.

Starboard Value Nominates Four Directors to Kenvue Board

Hedge fund Starboard Value nominates four directors to Kenvue's board, seeking accountability and better stockholder representation.

How to check if you’re being underpaid on your state pension

Understand Your State Pension Entitlements and Fix Underpayments for Accurate Retirement Income

UK Investors Pull £640 Million from Equity Funds

UK investors withdrew £640 million from equity funds in January, ending a long run of inflows, with UK-focused funds suffering their sixth-biggest monthly net withdrawals on record.

Australia Bond Demand Surges to Record on Easing, Inflation

Australia's new bond issuance sees record demand as global rush for yield amid easing policy, moderating inflation, and trade tensions pushes bids to A$83 billion.

American Assets Trust Reports Q4 FFO of 55 Cents Per Share

American Assets Trust (AAT) reported Q4 FFO of $0.55/share, beating estimates. Revenue was $113.5 million, while full-year FFO was $2.58/share and revenue was $457.9 million. AAT expects full-year 2023 FFO in the range of $1.87 to $2.01 per share.

Atkore Stock Plummets 20% on Weak Q4 Results

Shares of electrical safety company Atkore (ATKR) fell 19.3% following weak fourth quarter results. Its full-year EBITDA guidance missed significantly, and its revenue fell short of estimates. Despite beating EPS expectations, the overall quarter was weaker. Access our full analysis for free.

Spotify Posts First Annual Profit, Tops User and Subscriber Forecasts

Spotify reports record subscriber growth and profit, driven by expansion beyond music streaming into audiobooks, podcasts, and video, despite price increases and job cuts.

CorVel Corp. reports $23.8 million profit in fiscal third quarter

CorVel Corp. (CRVL) reports $23.8 million in profit for its fiscal third quarter with a net income of 46 cents per share.